GOLD 0.51% $1,391.7 gold futures

"......and gold goes...nowhere".Gold has gone "nowhere" since...

  1. 3,272 Posts.
    lightbulb Created with Sketch. 957
    "......and gold goes...nowhere".

    Gold has gone "nowhere" since they first discovered the stuff Skol. It's just a piece of metal eh...

    Ummm, but the purchasing power of that piece of metal is a different story (have you heard the story about the cost of a nice suit??).

    And as for the first dollar bill that was created at the end of the gold backed currency period, well, that has literally probably rotted away years ago (along with many replacements)...BUT the important question to ask is ... "what has happened to that dollar bill's purchasing power???" As we all know on here - it has lost circa 97% of its buying power.

    'nuff said?
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.